Private Advisor Group LLC Sells 8,336 Shares of Lockheed Martin Corporation $LMT

Private Advisor Group LLC lowered its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 17.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,193 shares of the aerospace company’s stock after selling 8,336 shares during the quarter. Private Advisor Group LLC’s holdings in Lockheed Martin were worth $19,066,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Old North State Wealth Management LLC grew its position in Lockheed Martin by 2.0% during the third quarter. Old North State Wealth Management LLC now owns 1,073 shares of the aerospace company’s stock valued at $539,000 after buying an additional 21 shares during the period. GS Investments Inc. increased its holdings in Lockheed Martin by 1.0% during the third quarter. GS Investments Inc. now owns 2,231 shares of the aerospace company’s stock valued at $1,114,000 after buying an additional 22 shares during the last quarter. Barnes Wealth Management Group Inc raised its position in Lockheed Martin by 4.2% in the second quarter. Barnes Wealth Management Group Inc now owns 567 shares of the aerospace company’s stock worth $263,000 after acquiring an additional 23 shares during the period. Collective Family Office LLC raised its position in Lockheed Martin by 4.6% in the third quarter. Collective Family Office LLC now owns 527 shares of the aerospace company’s stock worth $263,000 after acquiring an additional 23 shares during the period. Finally, Financial Partners Group Inc boosted its stake in shares of Lockheed Martin by 4.3% during the 3rd quarter. Financial Partners Group Inc now owns 555 shares of the aerospace company’s stock worth $277,000 after acquiring an additional 23 shares during the last quarter. Institutional investors own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LMT. JPMorgan Chase & Co. boosted their price objective on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. DZ Bank cut Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 target price on the stock. in a report on Tuesday, February 3rd. Argus boosted their price target on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a report on Friday. Weiss Ratings cut Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $654.00 price objective on shares of Lockheed Martin in a research note on Friday, February 6th. Six research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $618.95.

Lockheed Martin Stock Performance

Shares of NYSE:LMT opened at $663.96 on Tuesday. The firm has a fifty day simple moving average of $603.57 and a two-hundred day simple moving average of $520.19. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05. The stock has a market capitalization of $152.76 billion, a P/E ratio of 30.90, a PEG ratio of 1.21 and a beta of 0.22.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business had revenue of $20.32 billion for the quarter, compared to analysts’ expectations of $19.84 billion. During the same quarter in the prior year, the company posted $7.67 earnings per share. The firm’s quarterly revenue was up 9.1% compared to the same quarter last year. On average, analysts expect that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be given a dividend of $3.45 per share. The ex-dividend date is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.1%. Lockheed Martin’s dividend payout ratio is 64.22%.

Trending Headlines about Lockheed Martin

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Sikorsky is rolling out an upgraded S‑92A+ and preparing production as global demand for medium‑lift helicopters picks up — a clear revenue/ backlog positive for Lockheed’s rotary‑wing unit. Lockheed Martin (LMT) Rolls Out Upgraded S-92A+ as Global Demand Picks Up
• Positive Sentiment: Recent F‑35 and missile contracts (and public reports of ramping interceptor/missile production) support stronger top‑line visibility and justify defense multiple expansion. Lockheed Martin, RTX land F-35 contracts, shares clear entries
• Positive Sentiment: Geopolitical tensions (Iran conflict) are driving near‑term defense demand expectations that have lifted LMT sentiment and flows into defense names. Lockheed Martin Stock (LMT) Continues to Surge as War Rages
• Positive Sentiment: At least one shop has lifted LMT’s price target (to $735), signaling bullish analyst conviction on upside from current programs and backlog. Lockheed Martin (NYSE:LMT) Price Target Raised to $735.00
• Neutral Sentiment: Analyst pieces highlight LMT as a strong momentum/dividend name and note heavy investor attention — useful context for flows but not a catalyst by itself. Here’s Why Lockheed Martin (LMT) is a Strong Momentum Stock
• Neutral Sentiment: Coverage in Barron’s and mainstream business outlets is lifting visibility for the sector — supports interest but increases correlation with peers. Lockheed, RTX, Other Defense Stocks Gain. Watch This Trump-Backed Drone Company.
• Negative Sentiment: Coverage noting LMT’s rapid run (up ~43.6% in three months) flags risk: program losses, elevated debt and valuation concerns could prompt profit‑taking or slower multiple expansion for new buyers. LMT Stock Surges 43.6% in 3 Month: Time to Hold or Book Profits?
• Negative Sentiment: Remember the recent quarterly EPS miss and high debt/ program‑loss history cited by analysts — these fundamentals temper how much multiple expansion the market will allow and likely explain today’s modest pullback.

About Lockheed Martin

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.